GMR Infrastructure enters into agreement for divestment of its Indonesian coal mining entities

To PT Energy Mines Tbk, Indonesia

GMR Infrastructure announced that its subsidiaries GMR Energy Netherlands BV. and GMR Infrastructure Overseas have entered into conditional share purchase agreement with PT Golden Energy Mines Tbk, Indonesia for sale of 100% equity shareholding and also Mandatory Convertible Bonds in PT Dwikarya Sejati Utama, PT Duta Surana Internusa, PT Unsoco and PT Barasentosa Lestari. This agreement is subject to statutory approvals.

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